First Mover Americas: Bitcoin Slides Toward $29K

. While the sell-off didn’t appear to stem from any immediate fundamental reason, an unexpectedly high U.K. March inflation figure of more than 10% may haveLiquidations may have also played a role. “Bitcoin saw some decent liquidations on Binance, which dropped as a consequence of long rekts being washed out early this morning,” said Laurent Kssis, a crypto trading adviser at CEC Capital.

during a nearly five-hour hearing before the House Financial Services Committee Tuesday. Gensler fended off questions about whether his agency was pushing too hard on proposed rules and providing too little time for public feedback on those rules and about how the SEC was approaching crypto companies that want to operate in the U.S.

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